I have a question...I have 4 accounts that are closed that I am working on paying off. Hopefully the three smaller ones will be paid off this year. My question is this, EQ is reporting the CL as 0$ with the balance and highest balance amount, however TU is listing the same accounts with old CL's, the highest balance and the balanced owed, that are lower than the balances, is that hurting me? Should I disupute that amount or leave it?
Thanks!
@SunriseEarth wrote:IIRC, my COs reported with the old CL and the balance due. Once I settled, the balance went to zero and the CL changed to N/A. This would be accurate reporting.
There's a few factors here. Is the OC updating the balance on a monthly basis? If so, disputing probably wouldn't cause much hard (updating the TL could make it look "recent"). And yes, UTIL is factored from closed accounts that still report a balance due.
Yes they are reporting it as I pay it down. Ugh...I wish all of the CBR's would get on one accord! Just went through Experian, they are reporting CL as well...it is just Equifax that is not reporting a credit limit.